About Patrick Brewer, CFA, CPA

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So far Patrick Brewer, CFA, CPA has created 31 blog entries.

How Do Investments Affect Taxes : SurePath Wealth

One universal truth of investing is that there is always some degree of risk. However, it’s not just your principal at risk; any gains or losses that you may incur on an asset could also directly affect your taxes. The usual question asked is "How Do Investments Affect Taxes." Tax implications should be a substantial [...]

By | August 2nd, 2017|Investing|

Budgeting Backwards – How to Never Budget Again

Financial planning is one area in which most people could use some guidance from a trustworthy and qualified professional. Over 2/3 of Americans fail to keep a regular budget and resort to credit cards more often than they should. But why is keeping a budget so easy on paper and so hard in reality? Is [...]

By | June 27th, 2017|Financial News|

Financial Advice for Residents, Physicians

The financial decisions you make as a pre-med or medical student have a direct impact on your career and life in general. Taking the right steps to be financially smart now will benefit you in the long-term and there a quite a few considerations you should be making. Many people are aware that it takes [...]

By | June 27th, 2017|Financial News|

Backdoor Roth IRA Guide, Rules, Steps

You’ve probably heard of a retirement planning strategy known to many as the “Back-Door Roth.” But how is it different than the traditional IRA and what are the benefits? When the income limits on Roth conversions were removed in 2010, higher-income individuals who are not eligible to make a Roth IRA contribution were allowed to [...]

By | June 12th, 2017|Investing|

How Can Long Term Care Insurance Help Protect Your Assets?

Many working individuals don’t stop to consider how Long-Term Care insurance (LTCi) can buy future financial security. We buy auto, home, and life insurance, even pet insurance, with very little chance of using them during our lifetime, yet we’re glad we had them when catastrophe strikes. It’s much harder to imagine oneself unable to brush [...]

By | May 30th, 2017|Investing|

Refinancing Student Loans – The Big Move For Physicians

The typical medical school debt balance for 2015 graduates amounted to about $183,000, according to the Association of American Medical Colleges. What’s more, a third of graduates also had to deal with the debt they had accumulated during their undergraduate studies, with an average balance of $24,000. To make matters worse - the ever-increasing costs [...]

By | May 28th, 2017|Investing|

The Smart Way to Diversify Your Investment Portfolio

The concept of Diversification is relatively straightforward - it involves spreading your money across different kinds of investments (or asset classes) to balance out the highs and lows in the market. This all sounds great, but how do you decide between the multitude of investments that are available to you to hold? Unfortunately, there is [...]

By | May 25th, 2017|Investing|

Top 5 Retirement Plan Options for Physicians

In today’s economy, it is essential for physician practice owners to look beyond their short-term investment goals and consider their long-term retirement plan. Putting a company-sponsored retirement plan in place may be one of the most important tax and financial decisions physicians can make. The right plan will not only help to attract and retain [...]

By | May 22nd, 2017|Investing|

10 Simple Tips for Building Sustainable Wealth

Building sustainable wealth is not difficult. It doesn’t require luck, genius, or special connections. You don’t have to attend expensive financial seminars or subscribe to online courses that promise to teach you the latest tricks for sustainable wealth management. Being financially intelligent and organized is a skill that can be learned just like anything else. [...]

By | May 8th, 2017|Financial News|

Welcome to Brexit

The British vote to end its 43-year membership in the European Union seems to have taken just about everybody by surprise, but the aftermath could not have been more predictable. The uncertainty of how, exactly, Europe and Britain will manage a complex divorce over the

By | August 14th, 2016|Featured, Financial News|